 | Assessment Collection | |
| | Monthly assessment collection and special assessment collection |
| | Receive, record and deposit funds |
| | Late notices, delinquency follow-up, including applying late fees and interest charges |
| | Attorney notification for issuance of 'Intent to Sue' letters on delinquent accounts |
| | Attorney notification for liens to be filed |
| | Monthly delinquency listing provided for Board of Directors |
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| Accounts Payable | |
| | Receive and review all invoices |
| | Produce and mail timely check payments |
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| Accounting | |
| | Computerized monthly reports generated for Board of Directors including: income statement, check register, and balance statement |
| | Monthly reconciliation of bank statement and check register |
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| Budget Preparation | |
| | Develop budget in cooperation with Board of Directors |
| | Provide recommendations for budget modifications as needed |
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| Reserve Account | |
| | Assist with selection of engineering or accounting firm to conduct reserve study |
| | Provide needed assistance in completion of reserve study |
